Category Archives: Uncategorized

The Great Head Fake

Rosenberg’s Reasons For Caution In 2011 Not one analyst in Barron’s round table is bearish. Sentiment is back up to a 2007 high, which occurred just before the market peaked. The S&P 500 dividend yield is a paltry 2%. The shiller pe is 22.7, coming out of a credit collapse like we just experienced it … Continue reading

Mish: Top Ten Themes For 2010

Mish Top Ten Themes For 2010 If you’ve been following Mish, most of these should be familiar to you. The one theme that he hasn’t touched on much recently is a bubble bursting in Australian and Canadian housing. He dubs 2011 as the year that something matters. Ten Reasons Why Ritholz Is Thinking About Japan … Continue reading

David Rosenberg: Things To Worry About In 2011

David Rosenberg: Things To Worry About In 2011 Irish election in January. Spain and Portugal refinancings. US debt ceiling in March. June end of QE2 and increase in the number of hawks in the FOMC. Citigroup Anticipates 20% Decline in 2011 What’s going on? Did someone replace their bullish strategists with bearish clones? They think … Continue reading

The Fund Manager Who Cried “Wolf”

Thoughts On The VIX The VIX curve is incredibly steep. Has JPM Finally Been Caught With Its Hand In the Cookie Jar? A whistle-blower steps forward. The Fund Manager Who Cried “Wolf” The problem is that in the story the wolf eventually shows up.

What Worries Mr. Black Swan More Than Europe?

Wikileaks Hints That BofA Is Not The Safest Place To Keep Your Money This occurred after BofA stopped processing payments to Wikileaks. Does Wikileaks know something about BofA that we don’t? It is rumored that the next big leak may be on BofA. What Worries Mr. Black Swan More Than Europe? “I’m not worried about … Continue reading

Just How Bankrupt Is The US Government?

Even The Bulls Are Worried Larry Edelson is a long term bull on precious metals, but he expects a sharp correction very soon. Just How Bankrupt Is The US Government? If not for the Fed’s intervention, it would be using just about every dollar collected in taxes to pay interest on its debt. All other … Continue reading

Dr. Doom On The Next Domino To Topple In Europe

25 Signs That The Financial System Is In Danger Silly me, I thought I things were getting better. Dr. Doom On The Next Domino To Topple In Europe This country is too big to fail and too big to bail out.

How To Make A Fortune by Bill Ackman

Sprott On Silver 46 billion ounces mined, but only 1 billion ounces remain above ground because so much silver is consumed in industrial processes. How To Make A Fortune by Bill Ackman To summarize Ackman: invest in single family rental housing before the institutional investors start doing it. Einhorn On Charlie Rose Einhorn says we … Continue reading

Inflation, What Inflation? The Government’s Solution, Just Ignore It

Inflation, What Inflation? The Government’s Solution, Just Ignore It If the price of steak goes up, replace it with hamburger and inflation is gone. If the price of a car goes up, you get more pleasure from all of the new features so hedonic adjustments take care of inflation. If the price of a movie … Continue reading

Top 10 Investor Mistakes

Top 10 Investor Mistakes You are probably guilty of making mistake number 1 right now and don’t even know it. New CA Gov. Is Shocked — Just Shocked Over Size Of Deficits Jerry Brown says “I’m shocked. The mess is much worse than I thought.”

An Interview With Tyler Durden of ZeroHedge

An Interview With Tyler Durden of ZeroHedge “It is always better to be early on a trade that has even very small chances of success, then too late on a sure trade.” Rick Rule Interview Rule discusses gold, silver and base metals. “For some reason, people aren’t so sanguine about 20% down moves as they … Continue reading

Richard Russell Says Don’t Expect Much From Stocks

Richard Russell Says Don’t Expect Much From Stocks When the dean of investment letters speaks I tend to pay attention. U.S. = Europe The next debt crisis may occur on the shores of the U.S. Merkel On Investment Screening In his advice to one of his readers, he counsels using balance sheet ratios as negative … Continue reading

What To Do With Potentially Tainted Seafood

Bernanke Caught Lying Why am I not surprised. What To Do With Potentially Tainted Seafood Since less people are eating gulf seafood due to fears of oil contamination, the Secretary of the Navy wants to force the good people serving our country to eat it. If You Can’t Trust A Swiss Bank, Who Can You … Continue reading

Richard Bernstein 11 Themes for 2011

How To Stabilize The Banking System Banks say that fair value accounting makes them look insolvent at times, but they insist that this is only an illusion. Merkel says this is no illusion and is the result of a duration mismatch in assets versus liabilities, assuming they have a handle on credit risk. His solution … Continue reading

Hugh Hendry: No Remedies For Debt Deflation

Paul Farrell: Reason To Shun Stocks Until Banks Crash Derivative exposure is a huge black swan. China is going to implode like Japan did. Bailouts have encouraged bankers to take even bigger risks. High unemployment is structural. Hugh Hendry: No Remedies For Debt Deflation If Hendry is right there’s nothing that the Fed can do. … Continue reading

What About China?

What About China? RBOS warns clients that risk is rising.

How To Preserve Wealth

What Should Steve Jobs Do With Apple’s Cash? Or “It is warm inside the herd…but then, of course, you go off the cliff.” How To Preserve Wealth Focus on things that provide value to society and no matter what happens to the currency they are priced in, they will retain their value. Same Old, Same … Continue reading

The Next U.S. Debt Crisis

Rosenberg: “This is why everyone seems to believe the economy is improving and it’s so easy to do that when you simply ignore the bad data points!” The Next U.S. Debt Crisis With all the focus on the European debt crisis, investors have been forgetting the next crisis that is about to occur on U.S. … Continue reading

QE2 Not Enough: Bernanke Already Thinking About QE3

QE2 Not Enough Bernanke already thinking about QE3. Wikileaks Assange Says Obama Should Resign If he authorized spying on UN officials.

The Shocking New Currency

Copper As Currency Will copper become a currency? If it does, will chaos reign, when people realize how much copper is strung up in power lines? With the amount of voltage in those lines, copper may well be a “shocking” currency. Downsides Of An Elite Education It takes away the opportunity not to be rich: … Continue reading